Hung Yen attracts nearly $1.6 bln in FDI over eight months

Hung Yen province in northern Vietnam has attracted over $6.3 billion from 243 newly registered and capital-increased investment projects since early this year, according to a report from Radio the Voice of Vietnam.

Of these, 144 are domestic projects with a total registered capital equivalent to over $4.7 billion.

Notably, attracting Foreign Direct Investment (FDI) has been a bright spot for the province, with 99 FDI projects totaling nearly $1.6 billion in registered capital during the first eight months of 2025.

Currently, the province has 3,917 valid investment projects, including 903 FDI projects, with a total registered investment capital equivalent to over $41 billion. Within this, industrial parks and economic zones alone account for over 1,100 investment projects (comprising 544 FDI projects and 581 domestic projects), with a total registered investment capital equivalent to over $19 billion.

Recently, Hung Yen has also welcomed representatives from many large corporations, such as CTP (Netherlands) and Haemologic Biotech (Australia), who have explored investment opportunities in the province, promising large-scale projects in the future.

In the coming period, the province is focusing on calling for and attracting investment in key areas: industry; industrial park and cluster infrastructure; high-tech agriculture; trade and logistics services; urban and housing development, especially ecological urban areas, resort urban areas, and service urban areas; transportation, healthcare, and high-tech waste treatment.

Hung Yen province is currently studying the establishment of a Free Economic Zone, modeled after its Thai Binh Economic Zone (located in the former province of Thai Binh, which is now part of Hung Yen), with plans under review by relevant departments and consulting units.